Is there any guidance on operating expense trends, especially SG&A and R&D, for the rest of the year?
Short answer:âŻThe press release youâve provided does not include any specific guidance on how Owlet expects its operatingâexpense categoriesâparticularly SG&A (selling, general & administrative) and R&D (research & development)âto evolve for the remainder of 2025. The announcement focuses on the Q2âŻ2025 results, an increase to the fullâyear 2025 financial outlook, and a forthcoming CEO transition, but it does not break down or forecast future SG&A or R&D expense trends.
Why the press release doesnât provide that detail
What the release covers | What is missing (relevant to your question) |
---|---|
Q2 2025 financial results (revenue, profit, etc.) | Explicit SG&A or R&D expense figures for Q2 â the excerpt you have does not list the actual numbers, nor any commentary on how those expense lines performed relative to prior periods. |
Fullâyear 2025 guidance (higher) | Breakâout of the guidance â the guidance is presented only as âincreased fullâyear guidance.â The press release does not state whether the guidance increase is driven primarily by higher revenue, margin improvement, cost reductions, or any specific expenseâcategory expectations. |
CEO transition plan | Future expenseâtrend commentary â the announcement of a leadership change does not come with any statement about anticipated changes in SG&A (e.g., headâcount, marketing spend) or R&D (e.g., productâdevelopment spend) for the rest of the year. |
Conferenceâcall invitation | Management commentary â the release says executives will discuss the results on a call, but the actual transcript or slide deck is not included here. If the company provided a slide deck with âOperating expense outlookâ it isnât part of the excerpt you have. |
Thus, based solely on the information youâve shared, there is no explicit guidance on SG&A or R&D trends for the remainder of 2025.
What you can do next
Listen to / read the conferenceâcall transcript
The call scheduled for AugustâŻ7âŻ2025 at 4:30âŻp.m.âŻET (hosted by CEO Kurt Workman, President Jonathan Harris, and CFO Amanda Twede Crawford) is the most likely source for any forwardâlooking expense guidance. Companies often include a slide titled âOperating Expense Outlookâ or âSG&A & R&D Guidanceâ in the investor presentation that accompanies the call.Check the full press release on Business Wire
The complete Business Wire release (often >âŻ1,000âŻwords) usually contains a âManagementâs Discussion and Analysis (MD&A) Highlightsâ section where companies will say things like:
- âWe expect SG&A to grow at a lowâsingleâdigit percentâofârevenue rate in the second half of 2025 as we continue to invest in marketing and expand our sales team.â
- âR&D spending is expected to remain flat / increase modestly as we advance the next generation of our Smart Sock and related platform capabilities.â
- Look for a âFinancial Outlookâ or âGuidanceâ table
Public companies sometimes include a table with FY 2025 outlook numbers for:
- Revenue
- Gross profit
- Operating expenses (SG&A, R&D)
- Operating income
If such a table is present in the full release, it will give the exact percentages or dollar amounts you are seeking.
Check the SEC filing (Form 8âK/10âQ) for Q2 2025
The quarterly report filed with the SEC (10âQ for Q2) will contain a detailed âOperating Expensesâ section and a âManagementâs Discussion and Analysisâ narrative. Companies often provide yearâend expectations for each expense category in the âLiquidity and Capital Resourcesâ section.Follow up with Investor Relations (IR)
If the public documents still donât disclose the specific trend guidance, you can:
- Email Owletâs Investor Relations (IR) contact (usually listed at the bottom of the press release) and ask specifically: âCould you confirm whether there is guidance for SG&A and R&D expense growth for the rest of FYâŻ2025?â
- Look for an IR presentation or âQuarterly Updateâ slide deck on the âInvestor Relationsâ section of the Owlet website. These slides often contain a slide titled âOperating Expenses â Outlookâ.
Summary
- No guidance on SG&A or R&D expense trends is included in the excerpt you provided.
- The full press release, the earnings conference call, and the accompanying SEC filing are the most reliable sources for any such guidance.
- If you need the exact numbers or percentages, youâll need to review those documents or contact the companyâs Investor Relations team directly.
If you obtain the full press release or the conferenceâcall transcript and need help interpreting the figures, feel free to share those details and Iâll help break them down!